Airbnb partners with Mega Landlords, giving them 20% back!

[Paul Cionczyk]

Caught this article and found it to be an interesting approach by airbnb to capture more of the market by actually paying landlords for a portion of the short term rentals their tenants make, 20% back as the article mentioned. So the tenant signs a lease and has the right to short term rent the unit for a certain amount of days, all while increasing the money the landlord makes by getting a cut of the profits from Airbnb. Sam Zell's Equity Residential was mentioned as one of the multi-family landlords participating. Interesting approach?

Links here:

https://www.wsj.com/articles/a...

https://therealdeal.com/2022/1...

[John Underwood]

Quote from @Paul Cionczyk:

Caught this article and found it to be an interesting approach by airbnb to capture more of the market by actually paying landlords for a portion of the short term rentals their tenants make, 20% back as the article mentioned. So the tenant signs a lease and has the right to short term rent the unit for a certain amount of days, all while increasing the money the landlord makes by getting a cut of the profits from Airbnb. Sam Zell's Equity Residential was mentioned as one of the multi-family landlords participating. Interesting approach?

Links here:

https://www.wsj.com/articles/a...

https://therealdeal.com/2022/1...

 Sounds better than plain flat fee arbitrage. The owner should be benefiting from this as an investor after all.